Microsoft flirts with $2 trillion valuation, but falls just short at close

By Sean Endicott
published

Microsoft is the second United States-based company to reach a valuation of $2 trillion.

Microsoft Logo at Ignite
Microsoft Logo at Ignite (Image credit: Windows Central)

What you need to know

  • Microsoft briefly reached a $2 trillion valuation yesterday.
  • The company's stock closed the day at $265.51 for a valuation of $1.9997 trillion.
  • Microsoft is only the second company based in the U.S. to reach a $2 trillion valuation.

Microsoft reached a $2 trillion evaluation briefly yesterday, June 22, 2021. The company's stock price traded at $265.79 for a short period on the day. Microsoft is only the second U.S. company to reach the $2 million mark, with the first being Apple, which is now valued at around $2.2 trillion.

Microsoft didn't quite close the day at the $2 trillion mark. The company finished the day with a stock price of $265.51 for a valuation of $1.9997 trillion. To reach $2 trillion, Microsoft's stock price needs to finish a day at $265.55, which is just four cents above its closing price from last night.

Source: Bing (Image credit: Source: Bing)

It seems likely that Microsoft will hit that mark in the near future. The company's stocks have gone up 64% since March 2020, which is when many lockdowns related to the global pandemic started. Back in April 2021, Microsoft CEO Satya Nadella discussed the company's growth during the pandemic (via CNN):

"Over a year into the pandemic, digital adoption curves aren't slowing down," said Nadella. "We are building the cloud for the next decade, expanding our addressable market and innovating across every layer of the tech stack to help our customers be resilient and transform."

Microsoft only hit the $1 trillion mark in April 2019 (via The Verge), so it's safe to say that the Redmond-based giant is quickly trending upward.

Tech giants Amazon ($1.77 trillion) and Google's parent company Alphabet ($1.67 trillion) could be the next companies to reach the milestone.

Sean Endicott
Sean Endicott
News Writer and apps editor

Sean Endicott brings nearly a decade of experience covering Microsoft and Windows news to Windows Central. He joined our team in 2017 as an app reviewer and now heads up our day-to-day news coverage. If you have a news tip or an app to review, hit him up at sean.endicott@futurenet.com (opens in new tab).

3 Comments
  • I can imagine the bean counters are kicking themselves for shuttering the mobile division. As with continuum and WM10 they could have sold alot more office 365, azure and what not contracts. Aswell as devices and associated accessories therefore Microsoft and their partners would have a made a tonne more profit.
  • No, they couldn't.
    That is just magical thinking.
    Supporting the two most popular mobile platforms has been cheaper and resulted in greater market penetration in the long run.
  • Yes, they could have. How many years has bing made a loss and was bolstered by other divisions. Microsoft also took a several billion dollar right down for Surface and it was not a billionaire dollar business in year 2 either. So yes, Microsoft could have stuck in the long game but they were too short sighted. Also Xcloud needs native device that offers direct vertical integration with Xbox and Windows to completely shine. They can only do so much with Android without ******* off Google. We all know what happened when Microsoft made a decent Youtube app. Do you know how many high street tech shops ran out of stuck on laptops in the UK? the NHS reserved a mind boggling amount. With continuum all the NHS had to do was offer Windows Phones and lock them down with group policy. Far more effective and secure in terms of data and transmissions of Covid-19 - staff wouldn't be using the same terminals etc. Continuum could have ushered in a new paradigm last year but nooo short term stock gains mattered more. With continuum you need miracast receivers, bluetooth mice and keyboards and a monitor that's it - three wires in total - power x2 and a display cable. In time, we'd have only needed two - power to the monitor and a display cable. mount the monitor and that's it. No need for trunking, miles of Ethernet cables for terminal end points. etc etc. So no, it's not wishful thinking - it's a matter of logistics.